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Double-Feature Northampton Property Tour - In Your Street NN4 8
- Jordan Smith
- Jun 12
- 2 min read
We're back with a brand new In Your Street - two of them! All in one package! Welcome back to In Your Street, where we give you a Northampton property tour & market breakdown for the local area.
Perfect for renters, buyers and investors alike.
We're exploring the NN4 8 area; we recently had two properties that went up for Let in the Area, for £1,100 & £1,150, for a 2-bedroom and 3-bedroom respectively. Both of which also let around the same time, just over a week ago.
Let's jump back in time briefly to explore these properties prior to their new tenants, and see what makes this area so desirable for buy-to-let landlords.
There have been rough 200 recorded recent sales in the area. 25 Detached homes for an average of £328k, 52 Semi-detached for £258k, 93 Terraced for £224k, and 26 flats for £133k.
It's worth nothing that prices have decreased roughly 10% in the last 5 years.
Rental properties £1k two bedroom, the bedroom around £1,1k, although on average statistics say houses go around £1.2k. Of course, changing market factors can cause this number to change. With financial hardships and increased to day-to-day costs, tenants may be looking for longer terms in cheaper properties.
Void periods average around 24 days -- but it is worth noting these statistics do not take into account the new Renters Right's Laws, which increase tenant notice from 1 month to 2. Meaning vacant properties like, these two, could suffer from even longer void periods.
If you're looking to maintain a consistent income, consider Northwood Northampton's Guaranteed Rent Service - perfectly designed for landlords who want to receive rent, even when the property is vacant.
So if you’ve enjoyed today’s video, please give the video a like and subscribe to the Northampton Property Blog. If you’re looking for us to visit your street, just get in contact with the details below.
01604 607080
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